New wave of lawsuits: Is your Payroll department vulnerable?
There’s a alarming number of companies being hit with lawsuits for employee compensation violations. So you’ll want to check-in with Payroll ASAP to make sure your firm won’t be next.
There are several things to watch out for. Violations of state regs in the following areas are most likely to get your company in legal trouble:
- acceptable pay period lengths
- acceptable pay methods
- the timeframe in which employees must be paid
- “wages” that are considered protected, and
- how your company is required to treat vacation pay.
While all types of companies can be affected by this wave of lawsuits, multi-state employers are the most vulnerable. Keeping track of the various pay requirements from several states increases the chance for error by the Payroll department.
Readers, what steps does your Payroll department take to safeguard the company from state pay violations? Share them with us in the Comments section.
- Share on
Free Training & Resources
White Papers
Provided by Personify Health
White Papers
Provided by Anaplan
Further Reading
Heads up: Two pieces of legislation would provide more health savings account (HSA) flexibility for employees, increasing the value of this...
Whether payroll professionals use the most current Excel in Microsoft 365 or an earlier version, they’ll never find enough time to us...
For companies allowing health savings account (HSA) contributions via payroll deductions, a recent IRS announcement contains important info...
When a natural disaster hits, you’ll be focused on ensuring your people and property are safe. Details like tax deadlines may not be ...
The requirements for paying the prevailing wage under federal law have been slowly expanding for decades, but now, updated regs have brough...
If any employees sustain injuries and can’t work, your company may end up compensating them. If so, take the time to double-check entries...
